Archive

Archive for February, 2008

why is it in the interest of developing countries to have high forex reserves ?

February 27th, 2008
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forex
abhi s asked:


(high forex reserves)especially in the event of the financial crisis?

also, how does it help a particular country if that country keeps its currency weak against the global currency like the dollar? what are the ways in which a country can artificially make its currency weak?

PRAYTOR

Economics , ,

How to find a decent forex broker?

February 26th, 2008
forex
Jack J asked:


After my course and demos, it’s time to get started. What should I do and how to look for a decent forex broker?

thanks

EWENS

Investing

How many pips does the average retail forex trader make?

February 24th, 2008
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forex
Todd J asked:


I’m trying to trade forex on my own, with 3 strategies based primarily on technical analysis, supplemented by fundamental analysis. I’ve developed these strategies through homework, lots of reading and just a bunch of research. I bought a system in the past and got burned. Now I’m doing it myself. Does anyone know the honest average range of pips professional retail traders make every month? My impression was that they make an average 250-500 pips a month. Not to say they do that every month, it’s just the result when averaged out. Right now, after 2 months of trading, I’ve made a little over 200 pips and I’m hoping to maintain that and improve to the 250-500 pip average a month range. Is that realistic? Ideal? What should be my target monthly average to be a truly successful forex trader.

JAROSZ

Financial Services , ,

What is the best forex signal alert service?

February 18th, 2008
forex
rtz747 asked:


Looking for at least 75 pips a week average with low downdraw.

Thank you for your advice.

DELPH

Investing ,

How can I start trading forex using autopilot method?

February 16th, 2008
forex
asder b asked:


I have just opened my trading account and I am trying to decide on buying an autopilot forex trading software.

CLARDY

Investing , ,

What is the ideal capital to open a mini forex account?

February 10th, 2008
forex
aishah a asked:


I plan to open a mini account with USD800. what leverage should i use? do i have the right to choose the leverage i want? i plan to start small….1:2 or 1:3.
i had played a demo account for 2 months. Current P/L is USD866.91 with USD3000 account. But i’m not sure what leverage i’m using.
i need to know wether i can choose the type of leverage each time i go trading.

MITSCHKE

Other - Business Finance , ,